Suspicious activities were detected in the Investor Fund Accounts (RDN) of PT Panca Global Sekuritas at PT Bank Central Asia (BCA) on Tuesday, September 9, 2025, as the accounts, which are designated for investors and securities companies to conduct capital market transactions, experienced repeated fund withdrawals within a short period of time.

Trisno Limanto, Director of PT Panca Global Kapital (PEGE), the parent company of Panca Global Sekuritas, confirmed that the transfers were unrelated to the intended purpose of the accounts, namely capital market transactions.

“The transfers were directed to accounts outside those previously registered by PGS (whitelist), allegedly through BCA Klik Bisnis,” Trisno said in an information disclosure to the Indonesia Stock Exchange on Friday, September 12, 2025.

Investor Fund Accounts (RDN) are mandatory for investors, as they serve as the sole channel to trade in the capital market. Through RDNs, investors and securities firms can buy and sell stocks, mutual funds, bonds, and other instruments.

Trisno noted that Panca Global Sekuritas management is still calculating the losses. Earlier reports estimated investor losses at around Rp70 billion (US$4.5 million).

He added that management has already taken corrective action. “On September 10, 2025, PGS returned funds to the affected RDNs,” Trisno stated.

In addition, the company temporarily deactivated the system suspected of experiencing interference, which disrupted access to its trading platform.

“PGS management prioritizes the interests of investors and is doing its utmost to prevent customer losses,” he said.

The firm is also working intensively to fulfill all obligations in accordance with Indonesian capital market regulations.

Meanwhile, BCA’s Corporate Secretary I Ketut Alam Wangsawijaya confirmed that BCA has launched a joint investigation into the incident with the securities firm.

“Currently, BCA is conducting a thorough investigation into the matter, together with the relevant securities company,” Alam said in an official statement to the Indonesia Stock Exchange on Friday, September 12, 2025.

He assured that BCA’s systems remain secure. The bank, he said, has taken all necessary measures, including coordination with the securities firm and receiving institutions.

“BCA is committed to supporting the investigation of all related parties,” he emphasized.

Alam added that BCA applies multilayered security strategies and standards to protect customer data and mitigate risks to ensure the security of digital transactions.

“BCA consistently safeguards data by applying layered security measures,” he said.